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in the foods and nutritious food ingredients areas. i think those areas are areas where innovation and science really bring a difference to the customers, and they're taking it up and they're utilizing it. i think other areas, there's a wait and see attitude. you know, are we, in this country, going to deal with our deficit? you know, as china comes through their transition in power, they're the two biggest hurdles i see in front of us that we still have to clear to create a real strong economic environment for the world. >> so, the deficit, and the talk that we've heard now coming out of washington, is that we're going to push things back, the debt ceiling will be pushed off essentially for three months. is that good news or bad news? i mean what would you like to see happen right away? >> well, i do think that that just continues the uncertainty. you know, i think if there's a time frame and a time line and they can make real progress that that's a positive. i think to the extent that they just keep -- if they keep moving it out i think that's going to be a negative. you know, certainly it's
that -- >> to overlook that reality is really -- >> -- the basic science. but the application of the basic science comes from entrepreneurs and people that are in the business for profit. no? medical devices -- >> the health care system has got a profit making component. it's got a large nonprofit component. it's got a public component. but the innovation is heavily funded by the public sector, of course. >> in general would you say that the private sector is more ee fishent in doing certain things than the government? >> the private sector is certainly more efficient at doing certain things than the government. and the public sector is more efficient, particularly in providing insurance than the private sector is. >> james, we're going to leave it there. it's a debate that i imagine is going to continue, and we'll have to have you back to continue it. thanks so much. >> thank you very much. >> coming up. a shortage at the u.s. mint. we're going to tell you what's in low supply next. and then at 8:30, gamco's howard ward will join us to talk earnings. lots of major reports due next week. we've had some
things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. >>> welcome back to "squawk box." a litany of data hitting the wires. empire manufacturing, a january number. minus 7.78. this comes off of a minus 8.1, slightly revised only minus 7.3. not pretty there. we're expecting basically unchanged. retail sales december headline up half of one%. up 0.5. take out autos up 0.3. take out autos and gas up 0.6. producer prices keys, down 0.2 headline. take out the all-important food and energy up 0.1. year over year headline up 1.3. let's look through the data. if you look at retail sales, that was
isn't rocket science. it's just common sense. from td ameritrade. >>> welcome back. the futures are indicated higher. in fact picked up quite a bit of steam. at this point the dow futures are up 52 points, let's get down to the new york stock exchange. jim cramer joins us now. we've had good economic numbers that came out that spurred things, but a lot of news on the big stocks, too. the financials are out this morning. why don't we start off talking a bit about boeing. we've had several analysts on this morning. the question is, what you do you do with the stock while you wait to hear more information about what's really happening? >> headline risk continues. remember the stock was between 69 and 70 for quite a long time. people were hoping for a big different boost, i don't know if that can happen. there was a great airbus conference call this morning on between 4:15 and quarter of 5:00. those guys are smoking it. i think what's going to happen is eventually there will be order cancellations. i don't buy that. i don't want to buy boeing, but i don't buy the end of boeing story
Search Results 0 to 3 of about 4

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